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Fed's Brainard delivers sharp rebuke of CRA revamp plan
Wednesday, January 22, 2020 in Press
Fed's Brainard delivers sharp rebuke of CRA revamp plan
A Federal Reserve governor on Wednesday issued a rebuke of several key elements of a new proposal to overhaul enforcement of the Community Reinvestment Act, though she stopped short of criticizing its authors — the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency — by name.
Overall, Federal Reserve Governor Lael Brainard suggested regulators need to take their time in revamping CRA and not rush into changes without proper analysis.
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Click on the link below to read the latest IMET Monthly Newsletter:
IMET October 2025 - Monthly Newsletter
Read moreIMET is very pleased to announce that it now offers Arbitrage Rebate Calculation Services (ARCS) through an agreement with Arbitrage Rebate Counselors, LLC. Read more here:
Announcing IMET’s Arbitrage Rebate Calculation Services provided by Arbitrage Rebate Counselors, LLC
Read moreThe IMET Board of Trustees is soliciting interest from eligible IMET participants who would like to serve as a trustee of the IMET Board. One board position is now open as of August 2025. For more information click on the link below:
Serve on the IMET Board of Trustees
Read moreIn this edition of the IMET Participant Spotlight, we feature the City of Champaign, where Finance Director Kay Nees shares how IMET supports the City’s financial operations and investment goals.
IMET Participant Spotlight: City of Champaign
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